Under Offer
£18,500 per annum

82 Elm Grove

Southsea, PO5 1LN

The Space

Modern retail unit situated in prominent roadside position

At a glance

Property Type Leisure / Office / Retail
Tenure To Let
Size 1,061 sq ft
Rent £18,500 per annum
Business Rates Upon Enquiry
Service Charge £935 per annum Including building insurance
Energy Performance Rating This property has been graded as C (52)

Portsmouth and Southsea
12 mins


Fratton
14 mins


Portsmouth Harbour
21 mins


Hilsea
56 mins


Reading
898 mins


Twyford
934 mins


Tadworth
978 mins


Tattenham Corner
991 mins


Key Points

  • Modern Premises
  • Prominent Position
  • Kitchen and Toilet Facilities
  • Close to Southsea Town Centre
  • Variety of uses considered (STP)

Description

The property comprises a modern ground floor retail unit with partitioned meeting/storage rooms, a toilet with basin, and a kitchen with rear pedestrian access. The property benefits from a prominent frontage onto Elm Grove.

The property benefits from a Class E use class enabling it to be used as a shop, professional or financial services (such as an estate agent), office, clinic, or a café. The property also benefits from 3-phase power.

Available area

The accommodation comprises of the following

Name sq ft sq m Availability
Ground 1,061 98.57 Under Offer
Total 1,061 98.57

The Location

The property is situated in Southsea in Portsmouth a major regional port and hub for commercial activity, forming part of the south coast conurbation. Elm Grove is situated on the edge of Southsea with Victoria Road North/ South to the east and Kings Road to the west.

Local occupiers include Tesco Express, Debra, Honest Politician, Bread Addiction, Scoops, and Huis.

Terms

Available on a new effective Full Repairing Insuring Lease for a term to be agreed at a commencing rent of £18,500 per annum exclusive.

Business Rates

Rateable Value - £12,750 (Source VOA).

You are advised to make your own enquiries in this regard to the Local Authority before making a commitment to lease.

Other Costs

Service charge and Building Insurance - currently £935 per annum
Each party to be responsible for their own legal costs incurred in the transaction.
Unless otherwise stated all costs are exclusive of VAT
VAT - Applicable

£18,500 per annum